Bernstein analyst names Costco top retail pick, raises price target to $1,194
By
Peace Longe
Summary
Bernstein analyst Zhihan Ma named Costco and Dollar General her top retail picks for the second half of 2026, raising Costco's price target to $1,194 from $1,192 while maintaining an outperform rating. The article covers Costco's stock performance, analyst outlook, and market positioning as shares slipped despite the positive analyst note.
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Key quotes
· 3 pulledBernstein analyst Zhihan Ma named Costco and discount chain Dollar General (DG) her top retail picks for the second half of 2026.
She raised her Costco price target to $1,194 from $1,192 and kept her outperform rating.
That target sits well above COST's Thursday, July 2, close of $951.67.
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